Tag: business news

Ex-Google Employee Gets Laid Off During a Business Trip

An ex-YouTube employee has gone viral on TikTok after sharing the story of her abrupt termination in the middle of a business trip. Kimberly Díaz, a former global marketer specializing in influencer marketing at parent company Google, was one of the unlucky 12,000 Google employees laid off last Friday. She joins a chorus of ex-Google …

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Some economists see a ‘rolling recession’ ahead. What that means

All the economists who think the US is heading for recession could be wrong: What might happen instead, according to one school of thought, is multiple recessions reverberating over the year ahead. Termed “rolling recessions,” the idea is that rather than contract broadly and all at once, the economy could see different sectors decline in …

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Mark Cuban Shares His Hack for How to Get Cheaper Groceries

Mark Cuban may be a billionaire entrepreneur now, but his humble beginnings taught him how to make ends meet when times got tough on his wallet. Getty Images Cuban recently appeared on the “Club Random with Bill Maher” podcast when the two men began discussing wealth and how their lives have changed since making it …

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Medical device stocks tend to beat the market, and analysts expect these names to see big gains

Medical device makers, like many manufacturers, have faced challenges over the last year from inflationary supply chain costs, staffing shortages and the strong dollar impacting sales overseas. But the new year has brought a more positive tone from firms in the sector, even as large technology players and others are announcing layoffs and sounding the …

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Cathie Wood says she’s as bullish on Tesla as she’s ever been, sees stock up fivefold in 5 years

Ark Invest’s Cathie Wood said her conviction in Tesla remains strong as ever as she kept buying the dip in the electric vehicle company. “Just from electric vehicles there could be… it is almost a fivefold increase in this stock during the next five years,” Wood said during an investor webinar on Thursday. “And if …

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Forget tech. Investment pro names the stocks that will ‘hold up best’

After a rough 2022, some investors are flocking back to tech. The Nasdaq Composite has been the best-performing Wall Street index thus far, having gained nearly 7% since the start of the year. But investment veteran Michael Landsberg is staying on the sidelines for now. “I think tech is dead for a while and you …

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United Airlines (UAL) earnings Q4 2022

United Airlines‘fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel demand and high fares. Consumers’ appetite for air travel and willingness to pay higher fares has helped airlines return to profitability despite higher costs for fuel, labor and other expenses tied to ramping their networks back up. Meanwhile, aircraft …

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Patients would pay up to $26,500 per year for Leqembi

Few seniors with early Alzheimer’s disease will have access to the new treatment Leqembi due to its high cost and very limited coverage by Medicare. The Food and Drug Administration on Friday granted accelerated approval to Biogen and Eisai’s monoclonal antibody after the treatment appeared to modestly slow the progression of Alzheimer’s disease in clinical …

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Tesla TSLA Q4 2022 vehicle delivery and production numbers

Tesla has just published its fourth-quarter vehicle production and delivery report for 2022. Here are the key numbers. Total deliveries Q4 2022: 405,278Total production Q4 2022: 439,701Total annual deliveries 2022: 1.31 millionTotal annual production 2022: 1.37 million Deliveries are the closest approximation of sales disclosed by Tesla. These numbers represented a new record for the …

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